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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Knighty Tin who wrote (18553)9/14/2004 7:12:50 AM
From: Terry Maloney  Read Replies (1) of 110194
 
C'mon, KT, all's not doom and gloom ... <g>

U.S. private prison operator CCA sees rosy future: overcrowding, rising crime

NASHVILLE, Tenn. (AP) -- America's largest operator of private-sector prisons expects to benefit from the Bush administration's expansion of federal police and thinks prison overcrowding could lead to more business.  Corrections Corp. of America, which houses about 63,000 inmates in 20 states and the District of Columbia, also assures investors that the demographic group producing many prisoners -- males 18 to 24 years old -- is growing and this should create more demand for its services.

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